Amplify Trading-my journey

This is a discussion on Amplify Trading-my journey within the Trading Journals forums, part of the Reception category; Originally Posted by traderboi29 hey, pboyles is actually a fellow trainee on the same intake as me. your only trading ...

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Old Mar 7, 2011, 12:49am   #225
Joined Feb 2011
Re: Amplify Trading-my journey

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Originally Posted by traderboi29 View Post
hey,

pboyles is actually a fellow trainee on the same intake as me.

your only trading a 1 lot during the first 4 months, so whether you make any money at the end really depends on how consistent you are.so if you make 1000 dollars at the end of the month then you will get 50% of that.

hope that helps.

TB
Hey pboyles, what is your opinion about the training?
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Old Mar 28, 2011, 10:45pm   #226
Joined Jan 2009
Re: Amplify Trading-my journey

traderboi29 started this thread hey shewolf,

sorry for late reply, dont come on much these days, every now and again when i have time more like.

but yeah, im happy with my decision and yes im earning a good living from trading now.

Amplify was big gamble for me back then as it was a new company with no reputation and at the time there was alot of bad press about prop houses that offer training in exchange for a fee but then shut up shop and of course the general public tainted Amplify with the same brush. The sole reason for my writing this blog/journal was to show people that Amplify was indeed genuine and to also give an insight from a newbie point of view. But of course you will get TROLLs in every industry so it was no surprise people were berating Amplify from the offset, funny thing now though is the fact that they are still here after 2 years and growing each and every year.

Though I am no longer with them, Amplify opened doors for me due to there training to places that wouldn't have been possible prior to my undertaking of the course.You get genuine market experience which is better than any theory. Not too sure of there set up now but i'm sure things have changed significantly since and most importantly, Amplify have proven to that they are the real deal and not out to make a quick buck. I have not heard of one person who has been with them that has accused them of being rip off merchants.But even now after 2 years you still get people putting them down for one reason or another, you can't just please everyone. But anyway, sorry for going off topic.

To the people who are reading this blog, i sincerely hope that if your considering a career in trading that you do your due diligence and make a INFORMED decision rather than one based on hear'say. There are rumours of someone/companies being bad in very sector, but it is up to yourself to do your research and make a decision based on your findings. I took a gamble with Amplify when they first opened shop and wrote this blog, thankfully it worked out and i didnt get egg on my face!

I sincerely hope that this blog has given newbies an insight to what Amplify does and what one can expect though having said that, things will have changed alot as i was part of the first batch to sign up so not too sure how the course is run now but im sure it won't be too different from my time there

Happy trading and remember your STOP LOSS!

Traderboi out!
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Old Mar 28, 2011, 10:50pm   #227
 
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Re: Amplify Trading-my journey

so you trading with amplify boi?

Must say that is a better result than I was expecting, and I'm prepared to eat some of my previous cynical words...
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Old Mar 28, 2011, 10:50pm   #228
Joined Jan 2009
Re: Amplify Trading-my journey

traderboi29 started this thread Just a quick one, anyone know where i can get hold of the Million Dollar Traders Videos? The BBC 1 series that was on 2 years ago with Lex van dam and Anton kreil? Post a link here if anyone knows......cheers in advance
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Old Mar 28, 2011, 10:55pm   #229
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Re: Amplify Trading-my journey

traderboi29 started this thread
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Originally Posted by arabianights View Post
so you trading with amplify boi?

Must say that is a better result than I was expecting, and I'm prepared to eat some of my previous cynical words...
I'm a at japanese investment bank at the mo Arabian,been here over 1year now, it was because of my experience with Amp that i got it......well, that and the fact that i had a relative already working there, but the fact that i had market experience at a prop house helped alot.

But yeah, i remember 2 years ago when they first opened up shop, there were alot of doubters comparing them to "YOU KNOW WHO" prop shop, just goes to show that you can't paint everyone with the same brush.
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Old Mar 28, 2011, 10:58pm   #230
 
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Re: Amplify Trading-my journey

Aye but be honest mate... amplify... how much of what they TAUGHT was helpful, compared to just the general soaking in the market, learnign of jargon from others on nearby desks, squawk, etc etc that was around there?

Serious question. I just thinking being immersed in the market far more important than anything you could have been taught. But would be interested to know

P.S. If you're doing anything rates related pm me, confidence assured
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No nuisance spread betters please. Anyone else welcome.
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Old Mar 28, 2011, 11:22pm   #231
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Re: Amplify Trading-my journey

traderboi29 started this thread
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Originally Posted by arabianights View Post
Aye but be honest mate... amplify... how much of what they TAUGHT was helpful, compared to just the general soaking in the market, learnign of jargon from others on nearby desks, squawk, etc etc that was around there?

Serious question. I just thinking being immersed in the market far more important than anything you could have been taught. But would be interested to know

P.S. If you're doing anything rates related pm me, confidence assured
Put it this way, it was the fact that i had access to someone that already was a trader with years of experience that i could speak to on a daily basis which accelerated my learning, yeah i already knew the jargon and stuff through my own learning but It was the mentor access which was invaluable, whereas with a book you can't do that .And yeah of course I also learnt stuff from my fellow traders.

And yeah I'm all for being immersed in the market rather than classroom theory. Discipline can't be taught, it has to be honed, and you can't do that in a classroom, a book or paper trading, same goes for trading strategies, the only way your gona know if it works or not is if you actually trade, and not just a paper account.a real account. The feeling you get from trading a real account and a paper account is just two totally different experiences. And that's what Amplify teaches, it wasn't just theories of selling when you hit your resistance levels etc, they encourage you to develop your own strategies and to implement them in a real live market. Having said that, if your a newbie and have limited experience in trading and you trade live then it could be a disaster ....as i did. I think thats where Amplify fills the gap, to educate the newbies at the start of a trading career and to give guidance and confidence to the said trader to help them develop.

P.S yeah, PM me mate let me know what you can do.
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